Central Bank Watch – August 2013

From

Principal Global Investors yesterday released its monthly Central Bank Watch for August 2013. The report highlights data on business conditions, consumer confidence, job vacancies and retail sales pointing to a weakening economy... Read more continue reading

Lending lifts to 5-year high; Petrol price slides

From

Petrol prices; Lending Finance; Credit & debit card lending Petrol prices: According to the Australian Institute of Petroleum, the national average Australian price of unleaded petrol fell by 2.3 cents... Read more continue reading

Election is an opportunity to secure financial security for all Australians

From

FPA calls on political parties to avoid election sloganeering and elevate genuine nation building from the ground up. With the September 7 federal election in full swing, the Financial Planning... Read more continue reading

Weekly market & economic update: week ending August 9

From

Key events of the past week and implications Positive global economic data was a mixed blessing over the last week as it combined with comments from various US Federal Reserve... Read more continue reading

Mining to benefit from weak $A, says manager

From

The weaker $A will benefit tourism, education, agricultural and even the mining industry, a leading fund manager says. Pengana Capital’s Australian equities fund manager Rhett Kessler says ‘a lower $A... Read more continue reading

AMP announces new Head of Contemporary Wealth Management

From

AMP Financial Services (AFS) Director Banking and Wealth Management Products Rob Caprioli has announced the appointment of Patricia Montague as Director Contemporary Wealth Management Products, effective 12 August. Ms Montague... Read more continue reading

van Eyk filters out one third of funds in its new Australian Equities Review

From

van Eyk has awarded five funds its top AA rating from a strong pack in its Australian Equities Review 2013 after one third of funds failed to clear the first... Read more continue reading

The Australian election and investors

From

Key points Historically election campaigns result in a period of flat lining for the Australian share market followed by a bounce once the election is out of the way. The... Read more continue reading

Growth for AMP’s Genesys Wealth Advisers

From

AMP yesterday announced that Wealth Plus Solutions and three other financial planning practices have joined Genesys Wealth Advisers. Wealth Plus Solutions has 11 advisers across its two offices in Perth... Read more continue reading

Job losses but Aussies work longer hours

From

Labour force; Chinese trade data Jobs & jobless rate: Employment fell by 10,200 in July after rising by a revised to 9,300 jobs created in June (previously reported as a 10,300... Read more continue reading